Announcement-Steady as she goes....
as for shorters from BoA/ML. They would have been doing it since May, from 180m raise.
In the last few weeks shorts have been relatively subdued.
Shorters will have to compete with funds buying in as part of rebalance. Now the first of many positive announcements to come. Would be a few shorters peeing their pants.
Bought more shares before this announcement though.
Calm before the sunshine IMO.
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